its official : we have peaked, page-4

  1. 4,837 Posts.
    Oil supply is very limited and has most likely peaked, a company with good reserves is going to be very financially rewarding in the short and long term.

    Uranium is in short supply at the moment so the price is high but longer term it may see significant decline in prices becouse
    1 - it is an abundant resource (oil is no longer abundant)
    2 - Significant number of companies have entered the sector
    3 -they wont be able to build nuclear reactors fast enough to use all the uranium coming on stream.

    So most U stocks that are not currently in production or close to production may never experience the current high prices.

    Cheers
 
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